Long Bow Group Inc.

“Expenses office exp. 428 information tech. 1,314 travel 27,271 insurance 310 postage 60 film production and suppl 21,497 supplies 161 non-investment depreciation 2,561 total 53,602”

“Grants receivable 50,000 50,000 accounts receivable 5,119 1,273 inventories for sale or use 4,177 4,177 machinery and equipment 70,370 70,370 less accumulated depreciation 66,660 69,222 security deposit 2,925 2,925 total 65,931 59,523”

“Accounts payable and accrued expenses 325 234 customer deposits 2,194 2,194 loans from officers 5,242 1,194”

“Long bow group, inc. Is a non-profit organization which produces educational media, primarily about china, in the form of documentary films, videos, dvds and websites for use in universities and high schools and on public television.”

“Film sales: distribution income for long bow group's previously produced films consisted of domestic and foreign sales for "morning sun" (61%), "gate of heavenly peace" (14%) and the "one village in china" series of four films (%25%). Sales revenues from domestic educational institutions was received through long bow group's distributors, center for asian american media and k kilne & co in new york. Foreign educational and television revenue was received through jane balfour services limited.”